Have you had a look at BCREA’s Mortgage Rate Forecast? Highlights: 5-year fixed mortgage rates hit three-year high Rapid economic growth, but still no sign of inflation Bank of Canada tightening, but how quickly? http://www.bcrea.bc.ca/docs/economics-forecasts-and-presentations/mortgagerateforecast.pdf ...

Canadian Employment

Canadian employment increased by 10,000 jobs in September while the the national unemployment rate remained steady at 6.2 per cent. In the twelve months to August, employment in Canada is up 1.8 per cent, or 320,000 jobs. Somewhat tepid job growth along with slumping exports and flat real GDP in ...

Canadian Monthly GDP

Growth in the Canadian economy was essentially flat in July following 8 consecutive months of growth.  Only 11 of 20 industrial sub-sectors posted positive growth with output in key industries like mining, oil and gas and manufacturing declining.   Given today’s release, third quarter growth in the Canadian economy is ...

Canadian Housing Starts

Canadian housing starts decreased by 4 per cent in September to 217,118 units at a seasonally adjusted annual rate (SAAR).  The six-month trend in Canadian housing starts also declined to 214,821 units SAAR.New home construction in BC rose 6 per cent on a monthly basis to 37,470 units SAAR but was ...